Millington Financial Advisors LLC Trims Holdings in Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL)

Millington Financial Advisors LLC reduced its stake in Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) by 6.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,759 shares of the company’s stock after selling 3,133 shares during the quarter. Millington Financial Advisors LLC owned approximately 0.19% of Columbia Diversified Fixed Income Allocation ETF worth $826,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Prentice Wealth Management LLC grew its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 6.3% in the fourth quarter. Prentice Wealth Management LLC now owns 423,867 shares of the company’s stock valued at $7,651,000 after purchasing an additional 25,049 shares during the period. Ameriprise Financial Inc. raised its position in shares of Columbia Diversified Fixed Income Allocation ETF by 2.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,844,184 shares of the company’s stock valued at $132,051,000 after buying an additional 196,765 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in Columbia Diversified Fixed Income Allocation ETF by 119.1% in the third quarter. Concourse Financial Group Securities Inc. now owns 5,329 shares of the company’s stock valued at $90,000 after acquiring an additional 2,897 shares during the last quarter. WealthPlan Investment Management LLC grew its position in Columbia Diversified Fixed Income Allocation ETF by 2,280.8% in the third quarter. WealthPlan Investment Management LLC now owns 11,380 shares of the company’s stock worth $192,000 after acquiring an additional 10,902 shares during the period. Finally, Rehmann Capital Advisory Group grew its position in Columbia Diversified Fixed Income Allocation ETF by 74.6% in the third quarter. Rehmann Capital Advisory Group now owns 73,233 shares of the company’s stock worth $1,236,000 after acquiring an additional 31,281 shares during the period.

Columbia Diversified Fixed Income Allocation ETF Price Performance

NYSEARCA:DIAL traded up $0.05 on Tuesday, reaching $17.38. The company’s stock had a trading volume of 77,161 shares, compared to its average volume of 78,700. Columbia Diversified Fixed Income Allocation ETF has a 12-month low of $16.33 and a 12-month high of $18.15. The stock has a 50 day moving average price of $17.61 and a 200 day moving average price of $17.48.

Columbia Diversified Fixed Income Allocation ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.0711 per share. The ex-dividend date was Monday, April 1st. This is a boost from Columbia Diversified Fixed Income Allocation ETF’s previous dividend of $0.05.

Columbia Diversified Fixed Income Allocation ETF Profile

The Columbia Diversified Fixed Income Allocation ETF (DIAL) is an exchange-traded fund that is based on the Beta Advantage Multi-Sector Bond index. The fund tracks an index comprised of six sub-indexes, each representing a different sector within the fixed income space. The index allocates fixed weights to each of the six sectors.